Power Couple or Power Play? Vivy and Fadzarudin's Million-Dollar Scandal Exposed!

Brace yourself for the scandal of the decade! Celebrity power couple Vivy Yusof and Fadzarudin Shah Anuar have found themselves in a whirlwind of controversy over the alleged misappropriation of a whopping 8 million ringgit (or about US$1.81 million) from their ill-fated Fashion Valet online platform. Their denials echoed through the court, but if guilty, they could be facing a jaw-dropping 20-year sentence!

This scandalous affair has reignited the flames of anger in Malaysia, especially with the unpleasant memories of the 1MDB scandal still fresh in people's minds. The charges spring from a deep dive into an eye-popping US$10 million loss suffered by sovereign wealth giants Khazanah Nasional Berhad and Permodalan Nasional Berhad (PNB), all thanks to their ill-fated investment in Fashion Valet.

Once hailed as a game-changer promising to elevate Malaysian fashion retailers to a global stage, Fashion Valet aspired to be Malaysia's answer to giants like Shein or Temu. Yet, the business crumbled in 2022 under the weight of the pandemic, leaving Khazanah and PNB selling their stakes for a measly 3.1 million ringgit (that's just US$710,000!).

And here's where it gets juicier: The founders issued a sorry-not-sorry apology on Instagram, blaming themselves for an overly aggressive expansion. But the drama doesn't end there; the public, fueled by curiosity and a hint of outrage, turned to AI tools to dissect the couple's spending habits. All eyes are on their supposed luxurious lifestyles and those flashy purchases that might have played a part in Fashion Valet's demise.

Check out more fiery details on how Malaysians are using AI to dig deeper into this thrilling saga right here.